Bina Puri in talks with Exim Bank to restructure loan


Bina Puri said the restructuring would be finalised by the end of this month.

PETALING JAYA: Bina Puri Holdings Bhd has defaulted on its loan repayment to Export-Import Bank of Malaysia Bhd (Exim Bank) which is denominated in US dollars with a principal sum of US$7.65mil and an initial interest rate of 4%.

In a filing with Bursa Malaysia, Bina Puri said it repaid a total of US$5.1mil, which included US$2.35mil in interest.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

IATA optimistic on Malaysia's aviation outlook as regional recovery accelerates
ISF Group, Alliance Islamic Bank ink IPO underwriting agreement
Bank Islam targets 50% rise in BIMB biz users payment to voice feature
CPO output down 5.3%, palm oil exports fall 28.13% in Nov -�MPOB
Bursa Malaysia slips at midday amid subdued regional sentiment
EcoWorld achieves record sales and profit in FY25
LAC Med shares up on market debut
Steel unit price index falls 0.1 to 3.2 % in Nov - DoSM
SumiSaujana explores partnership with China polyurethane product manufacturer
Carsome's record retail performance drives up 3Q earnings

Others Also Read